Is that true? The price must be pretty high, because I thought the difficulty made NC mining unprofitable relative to BTC mining.After the 2 day bonanza, the difficulty jumped and most people jumped with it (left Namecoin mining)

Last I checked, the difficulty WANTS to reset to 0.08 of what it was, but would be limited to 0.25 by the algorithm, and based on the current network hashrate the next difficulty reset will occur on CHRISTMAS!

Sounds like Namecoin is pretty much dead. This was only a few days ago.

Is that true? The price must be pretty high, because I thought the difficulty made NC mining unprofitable relative to BTC mining.After the 2 day bonanza, the difficulty jumped and most people jumped with it (left Namecoin mining)

Last I checked, the difficulty WANTS to reset to 0.08 of what it was, but would be limited to 0.25 by the algorithm, and based on the current network hashrate the next difficulty reset will occur on CHRISTMAS!

Sounds like Namecoin is pretty much dead. This was only a few days ago.

It's pretty dead for now and it will be until block 19,200.Then a lot of pools start mining NameCoins together with Bitcoins with "merged mining" (=try to see if a found hash that doesn't work for one chain, might be the right one for the other).If pools don't start Merged Mining, miners will hop over to pools that do. So no doubt if it will be a success.

What happens to difficulty when in one week, more than 50% of all Bitcoin hash-capacity comes available to the NameCoin network?

Think what would happen if price jumps to 4 (or more?) and MtGox opens an exchange?

Sure the price could go up significantly but it won't.

In fact, I'm willing to wager that the price of NMC wont exceed 0.1 BTC (at least not until a blizzard sweeps through Texas and all the schools close for a snow day).

Merged-mining means a lot of regular bitcoin miners will suddenly be able to obtain some free namecoins with the bitcoins they mine. Since they will now have namecoins they never really wanted, a fair number of them will be looking to trade them for more of the bitcoins they were after in the first place. But their isn't anything new pushing the demand for namecoins so the price will have to drop until it reaches the point where those you want namecoins can afford to buy everything that those bitcoin miners want to sell 'em.

Think what would happen if price jumps to 4 (or more?) and MtGox opens an exchange?

Sure the price could go up significantly but it won't.

In fact, I'm willing to wager that the price of NMC wont exceed 0.1 BTC (at least not until a blizzard sweeps through Texas and all the schools close for a snow day).

Merged-mining means a lot of regular bitcoin miners will suddenly be able to obtain some free namecoins with the bitcoins they mine. Since they will now have namecoins they never really wanted, a fair number of them will be looking to trade them for more of the bitcoins they were after in the first place. But their isn't anything new pushing the demand for namecoins so the price will have to drop until it reaches the point where those you want namecoins can afford to buy everything that those bitcoin miners want to sell 'em.

Please divert some mining power to namecoins. If people lend their miners there for just a few days, merged mining will be in effect. This means that both bitcoin and namecoin will be stronger. Afterwards, everyone will be able to earn both BTC and NMC with their miners and no additional work.

Save distributed DNS!

*processing payment* *error 404 : funds not found*Do you want to complain on the forum just to fall for another scam a few days later?| YES | YES |

Please divert some mining power to namecoins. If people lend their miners there for just a few days, merged mining will be in effect. This means that both bitcoin and namecoin will be stronger. Afterwards, everyone will be able to earn both BTC and NMC with their miners and no additional work.

Save distributed DNS!

I'm mining Namecoins @ Coinotron.com now, just to protect Namecoin against the attack.More people want to join?

And yes, I know it's mining at loss but every coin is at loss atm so I don't really care...

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan GivensGot GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan

Please divert some mining power to namecoins. If people lend their miners there for just a few days, merged mining will be in effect. This means that both bitcoin and namecoin will be stronger. Afterwards, everyone will be able to earn both BTC and NMC with their miners and no additional work.

Save distributed DNS!

I'm mining Namecoins @ Coinotron.com now, just to protect Namecoin against the attack.More people want to join?

And yes, I know it's mining at loss but every coin is at loss atm so I don't really care...

Think what would happen if price jumps to 4 (or more?) and MtGox opens an exchange?

Sure the price could go up significantly but it won't.

In fact, I'm willing to wager that the price of NMC wont exceed 0.1 BTC (at least not until a blizzard sweeps through Texas and all the schools close for a snow day).

Merged-mining means a lot of regular bitcoin miners will suddenly be able to obtain some free namecoins with the bitcoins they mine. Since they will now have namecoins they never really wanted, a fair number of them will be looking to trade them for more of the bitcoins they were after in the first place. But their isn't anything new pushing the demand for namecoins so the price will have to drop until it reaches the point where those you want namecoins can afford to buy everything that those bitcoin miners want to sell 'em.

I'd watch what I said, that happened two years ago, not every school in the state, but a large portion of the big city ones